Adjusted savings: education expenditure in Venezuela
Venezuela: Adjusted savings: education expenditure was 31.19 billion current US$ in 2014. ◆ Volatile
Adjusted savings: education expenditure in Venezuela, 1970–2014
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2014, adjusted savings: education expenditure in Venezuela stood at 31.19 billion current US$. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 32.8% on the previous year and up 686.8% over ten years.
Over the whole period, adjusted savings: education expenditure in Venezuela peaked at 31.19 billion current US$ in 2014 and was at its lowest, 407.75 million current US$, in 1970.
Venezuela ranks 24th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.04 billion current US$ | 407.75 million current US$ | 1.93 billion current US$ | 10 |
| 1980s | 2.38 billion current US$ | 1.48 billion current US$ | 3.21 billion current US$ | 10 |
| 1990s | 2.90 billion current US$ | 1.24 billion current US$ | 4.09 billion current US$ | 10 |
| 2000s | 7.68 billion current US$ | 3.06 billion current US$ | 21.39 billion current US$ | 10 |
| 2010s | 24.91 billion current US$ | 20.18 billion current US$ | 31.19 billion current US$ | 5 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Taxes less subsidies on products 0 current US$ (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Venezuela?
- Adjusted savings: education expenditure in Venezuela was 31.19 billion current US$ in 2014, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Venezuela?
- The highest recorded value was 31.19 billion current US$ in 2014.
- What is the lowest adjusted savings: education expenditure recorded in Venezuela?
- The lowest recorded value was 407.75 million current US$ in 1970.
- How does Venezuela rank for adjusted savings: education expenditure?
- Venezuela ranks 24th out of 195 countries with data for 2014.
- Is adjusted savings: education expenditure rising or falling in Venezuela?
- Over the last ten years it is up 686.8%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.